Avarga Limited (SGX: X5N)

About Avarga Limited

Avarga Limited, an investment holding company established in Singapore in 1967, operates as a subsidiary of Maybank Nominees (Singapore) Private Limited. The company functions across three principal divisions: paper manufacturing, wholesale building product distribution, and other investment-related ventures. Its Paper Mill Division specializes in producing industrial-grade paper products, including testliner, corrugating medium, chip board, and core board, primarily from recycled wastepaper. These outputs are largely utilized in the creation of corrugated carton boxes and various other finished paper items. This segment also manages wastepaper collection and trading, alongside providing management services. Its global reach encompasses Canada, the United States, Malaysia, Singapore, Sri Lanka, and numerous other international markets such as the Pacific Rim, Central and South America, the Middle East, and Europe. Through its Wholesale Distribution of Building Products arm, Avarga supplies a diverse range of construction materials. This offering includes lumber, panels, mouldings, sidings, engineered wood, flooring, roofing, and insulation. Additionally, the company's "Others" segment involves trading recycled fibre and engaging in various investment pursuits. Avarga Limited adopted its current name in April 2018, having previously been known as UPP Holdings Limited.

ISIN

SGXE98222768

Founded

1967

Listed since

Jan 3, 2000

Exchange

Singapore Exchange

Currency

SGD